We advised the Titanium Baltic Real Estate fund, managed by the Finnish asset management company Titanium Fund Management Company, on acquiring the Avia Solutions Group headquarters developed by AeroCity Group in Vilnius, Lithuania.
The world’s leading aviation services group Avia Solutions Group continues to be the only 10,800 sq. m tenant of the building under a long-term lease agreement. The deal value has not been disclosed.
“This is the fund’s first investment in an office building, which perfectly complements and diversifies our real estate portfolio and will help us achieve our goal of becoming one of the largest real estate investors in the Baltic States,” said Siim Rosenthal, real estate portfolio manager at Titanium Baltic Real Estate.
Our services and team
Our team consisted of partner Kęstutis Adamonis, senior associates Simona Stančiukaitė, Justina Paškevičienė, Mindaugas Baniulis and Julius Raškauskas; and associates Gabrielė Raižytė and Simonas Šlitas. We advised the client on all legal matters related to the transaction.